Dublin, July 13, 2023 (GLOBE NEWSWIRE) -- The "Crew Management Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Crew Management Systems estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$4.9 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2022-2030.
Tablets, one of the segments analyzed in the report, is projected to record a 9% CAGR and reach US$2.5 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Smartphones segment is readjusted to a revised 8.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 11.7% CAGR
The Crew Management Systems market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$464.4 Million by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$631.7 Million by the year 2030.
Select Competitors (Total 77 Featured) -
- Advanced Optimization Systems, Inc.
- AIMS Int`l Ltd.
- Awery Aviation Solutions
- Fujitsu Limited
- Hexaware Technologies Limited
- IBS Software Services
- ISA
- Jeppesen
- Lufthansa Systems GmbH & Co. KG
- Maureva Ltd.
- PDC A/S
- Sabre Airline Solutions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 728 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.6 Billion |
| Forecasted Market Value (USD) by 2030 | $4.9 Billion |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Crew Management System: An Introduction
- Factors Driving the Market
- Demand for Crew Management Systems Mirrors the Dynamics of the Airlines Sector
- Cloud-based Segment Leads the Market
- Tablets Dominate the Devices Market
- Emerging Economies to Propel Future Growth
- Top 10 Air Passenger Markets Ranked by Passengers: 2017, 2021, 2028, 2032, and 2036
- New Recruitments & Expansion of Crew Base Steps Up the Challenges of Crew Management
- Cumulative Aviation Cabin Crew Demand (2020-2040) In 000s
- Economic Fundamentals Influence Market Growth
- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
- Key Benefits of Crew Management Software
- Crew Management Systems - Global Key Competitors Percentage Market Share in 2022 (E)
- Competition
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Surge in Air Travel and Corresponding Increase in Passenger Traffic Drive Healthy Growth in Demand for Crew Management Systems
- Annual Air Passenger Traffic (in Millions) Worldwide by Country: 2010-2018
- Global Passenger Air Traffic Revenues (in US$ Billion): 2010-2019
- Global Annual Air Traffic in Trillion RPK (Revenue Passenger Kilometer) for the Period 1975 to 2038
- Projected Growth in Global Airline Traffic (RPK) by Geographic Region: 2018-2038
- Growth in Commercial Aviation Augers Well for Crew Management Systems
- Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2018 and 2038
- Rise in International Tourism and Air Travel to Benefit Market Growth
- Air Travel Dominates International Tourism Industry: Breakdown of Tourism Market (in %) by Mode of Transportation for 2000 and 2018
- Focus Grows on AI for Better Management of Airline Crew
- Cloud-based Software Solutions Facilitate Efficient Management of Crew Operations
- Data Analytics Brings in a Transformation in the Aviation Industry
- Demand Grows for New Crew Management Solutions
- Growing Need to Minimize Human Errors and Improve Operational Safety Drives the Demand for Crew Management
- Primary Causes of Aircraft Accidents
- Crew Resource Management: Playing an Important Role in Preventing Aviation Accidents
- Fifth Generation CRM Integrates End-to-End Error Management
- Terrorist Activities and Crash Risks Augment the Demand for Crew Management Systems
- Proliferation of Tablets and Smartphones and Advancement in Mobile-based Apps Augur Well for Growth
- Entry of New Airlines in Developed and Developing Countries to Boost Prospects
- Number of Jets Added by Airlines in 2018
- Percentage Breakdown of New Carriers Launched by Carrier Type for the Year 2017
- Percentage Breakdown of New Carriers Launched by Region for the Year 2017
- Focus on Automation of Work Management Drives Adoption of Crew Management Systems
- Crew Management Systems Benefit as Airlines Focus on Optimization of Resources
- Rise in Number of Low-Cost Long-Haul Flights Drive the Need for Efficient Crew Management
- Long Haul Airlines Worldwide: Number of Long-Haul Narrowbody Flights Departing per Week by Country in 2018
- Number of Long-Haul Narrowbody Flights Departing per Week by Airline in 2018
- Longest Non-Stop Flights Worldwide Ranked by Distance Travelled in Thousand Km
- Growth in Construction of Smart Airports Emphasizes the Need for Crew Management
- Global Smart Airports Spending in US$ Million by Region for 2019 and 2025
- Strict Regulations Governing Work Hours and Safety of Crew Members Raises Importance of Crew Management Software
- Shortage of Skilled and Experienced Aviation Staff and Need for Judicious Use of Resources Raises Importance of Crew Management Software
- Global Demand for New Pilots by Region (2019-2038)
- Global Demand for New Cabin Crew in Thousands by Region (2019-2038)
- Global Demand for New Pilots, Cabin Crew and Maintenance Personnel for Commercial Airlines (2019-2038)
- Improvement in IT Budgets of Airlines and Airports Spurs Opportunities
- Global Airline IT Spending in US$ Billion for the Years 2016, 2018 and 2020
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9mi4l2
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